Ibadan Funfair Stampede: Alumni Calls Speedy Investigation to Prevent Prolonged Detention of Innocent People
December 20, 2024
Ibadan Funfair stampede: President Tinubu Demands Perpetrators Prosecution as Death Toll Hits 40
December 19, 2024
Friday, December 20, 2024
Economy
2 Minutes
Economic Crisis: UK Economy Shrinks
The Economic Crisis has hit United Kingdom (UK) as its economy also has fallen into recession. It fell into recession during the final three months of last year, official figures show, after the economy...
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3 Minutes
Tinubu Names Cardoso Chairman Of 12-member Newly Constituted MPC Of CBN
The president Bola Tinubu on Wednesday, February 14, named the governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, as the chairman of his newly constituted Monetary Policy Committee (MPC) of the apex...
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2 Minutes
IMF Forecasts $8bn Fall In Nigeria’s 2024 Foreign Reserves
The International Monetary Fund has said Nigeria’s foreign reserves may fall to $24bn in 2024. The fund revealed this in its latest country report for Nigeria, indicating a significant drop and potential forex challenges...
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3 Minutes
Reforms: Forex Inflow Surges By 66.7% To $2.2bn
Foreign exchange inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) surged by 66.7 per cent last week to $2.2 billion after banks complied with the new directives of the Central Banks of Nigeria....
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3 Minutes
Tinubu Administration Not Responsible For Economic Hardship – Sanusi
Former Governor, Central Bank of Nigeria, Mohammed Sanusi, has said it is an injustice to blame the administration of President Bola Tinubu for the current economic hardship the country is facing. Sanusi said the...
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3 Minutes
Economic Hardship: Students Now Trade Property To Survive
The woes of hunger, triggered by the increasing cost of living, have stretched their claws to the lives of students in tertiary institutions. Gone are the days when undergraduates return to class with cash...
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8 Minutes
Special Report: Nigerians Groan Over The Rising Prices Of Commodities
This is not the best of times for Nigerian families, who have had to adopt bizarre cost-cutting measures to cope with the recent hardship occasioned by the dramatic hike in the prices of goods...
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2 Minutes
‘Beneficiaries Won’t Pay Back’ — BOI To Disburse N200bn To SMEs, Manufacturers
The federal government says it has established three funds, totalling N200 billion, to support businesses and manufacturers across Nigeria. According to a statement on Friday, the funds include the presidential conditional grant scheme, the...
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4 Minutes
Special Focus On How Dollarisation Causes Setback To Housing For Poor Initiative
Nigeria’s real estate sector operators may be struggling between the devil and the deep sea as they joggle the impact of exchange rate volatility on their business. At the backdrop of the recent massive...
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2 Minutes
Our Policies Are Working, $1bn Came Into The Market In Past Few Days – Cardoso
The Governor of the Central Bank, Yemi Cardoso says the measures taken so far by the apex bank to stabilize foreign exchange rates have started yielding positive results. He noted that these measures would...
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